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Global companies keeping up with UN goals

Luke Keioskie

Wed 06 Jun

At least 40 per cent of the world’s leading companies have so far incorporated the United Nation’s Sustainable Development Goals into their wider corporate reporting structure, according to the global consulting firm KPMG.

The 17 Sustainable Development Goals, endorsed by UN members in 2015, aim to eradicate extreme poverty, end inequality and injustice, and deal with climate change by 2030.

KPMG said the world’s top 250 multinationals tend to be focusing on climate action, improving working conditions, good health, responsible consumption and production and gender equality.

The report comes after the third Social Good Summit Australia was held at the University of Sydney Business School.

Attended by representatives of the private sector, government, social enterprise, not-for-profit organisations and academic institutions, the summit aimed to raise awareness of the UN’s Sustainable Development Goals.

Convener Catia Davim said participants were asked about the world they would like to be living in by 2030.

“We also want to see sectors like business and government working together,” added co-founder, Associate Professor Ranjit Voola.

“Goals like eradicating extreme poverty will require a massive multisectoral effort if they are to be achieved by 2030.”